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Current Legal and Regulatory Frameworks
What is a regulatory body A regulatory body is a public organisation or government agency that is set up to exercise a regulatory function. This involves imposing requirements, conditions or restrictions, setting the standard for activities, and enforcing in these areas or obtaining compliance. Regulatory bodies cover a wide variety of the creative industries, but not all businesses are regulated and may be self-regulated. The primary goal for a regulatory body is to protect the public, such as the providing and enforcing of adequate standards for health and safety in an organisation. Unlike professional organisations, which require regulating, a regulatory body is created on the basis of a legal mandate or legislation. Simply, a regulatory body such as Ofcom or ASA present guidelines on regulations businesses in the creative industries can or can’t do. Without them, businesses are less likely to be in control of their actions and the environment of the business would potentially...
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